Pawn Loans and Payday Loans Compared | Pawn Now

Pawn Loans and Payday Loans Compared | Pawn Now

February 12, 2020 0 By Sebastian Fry


If you live in Chandler, Arizona, and are
troubled by poor credit, borrowing money is no simple task. However, there are two options
available: payday loans and pawn loans. With payday loans, the loan amount is based
on how much you are expected to make on a future pay day. In this loan type, the lender
has the authority to remove funds from your debit or bank account if your loan payments
are not made or are late. This can result in costly overdraft fees and loss of needed
funds. Payday loans also have high interest rates and can negatively affect your credit. On the other hand, pawn loans are a much more
affordable, secure option for borrowing money. Simply provide an item as collateral, and
the pawn shop will give your item back after payments are made, or it will keep the item
as payment. These loans won’t affect your credit, they have low interest rates, and
the lender can not take your money. Pawn Now Arizona gives pawn loans for items of all
value, including cars and real estate, and has made loans up to $1 million. Contact our Pawn Now experts today to learn
more about pawn loan options in Chandler, Arizona. You can reach us at 480-821-7296,
or check us out online at http://pawnnowaz.com/